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Supreme Court’s Campaign Finance Case Gets New Firepower

Mitch McConnell has been a leading opponent of campaign finance laws. (Photo: Stephen Lance Dennee, AP) Story Highlights Senate Republican leader Mitch McConnell gets time to argue Case is successor to Citizens United, McCain-Feingold SHARECONNECT 32 TWEET COMMENTEMAILMORE WASHINGTON — The Supreme Court has granted Senate Republican leader Mitch McConnell oral argument time in a major campaign finance case being heard in early October, giving opponents of current contribution limits new firepower. McConnell is the nation’s leading opponent of campaign finance restrictions, who lost his effort to defeat the McCain-Feingold law’s limits on corporate and union donations a decade ago but won the Citizens United case in 2010 that freed corporations to spend unlimited amounts independently on elections. By allowing McConnell to take some of the precious 30 minutes his side will have to make its case, the court on Friday further assured that the case will take on the aura of those two previous cases — pitting Republican-aligned backers of unlimited spending against Democratic-aligned groups that want to reduce the influence of money in elections. The case is being brought by Alabama millionaire Shaun McCutcheon, a Republican businessman who objects to the overall limits federal regulations place on campaign donations.

Alleged: House Committee on Finance fingers 21 banks

Between the 23rd and 27th of September, the Chief Executive Officers of the banks must appear in person to defend their templates in a technical session before the Committee. This exercise is being conducted in the most transparent manner as all such appearances will be broadcast live on television for Nigerians to see very clearly what the Committee is doing. It is obvious that over the years, government has lost billions of Naira in fraudulent and underhand dealings corruptly designed by some banks to evade tax. This is in addition to being massively and callously shortchanged by banks saddled with the responsibility of collecting and remitting taxes. At this point, it is pertinent to note that since government continues the yearly ritual of domestic borrowing to balance its budget deficit, it has become a bazaar for many banks who provide such funds at outrageous interest rates and care less about the implication to the private and real sectors, both of which continue to struggle to get the crumbs at a very high cost.

California GOP violated campaign finance rules, watchdog says

(Lawrence K. Ho / Los Angeles Times / June 16, 2011) By Patrick McGreevy August 30, 2013, 8:16 a.m. SACRAMENTO — The California Republican Party violated state campaign finance rules by failing to properly disclose its contributions last year to a campaign against newly drawn state Senate districts, the states ethics agency has concluded. In all, the state GOP provided $1.9 million in contributions, in-kind services and loans to the group Fairness and Accountability in Redistricting (FAIR), which qualified a ballot measure to overturn the new state Senate redistricting maps. After the Supreme Court found the maps were properly drawn, FAIR dropped its opposition to the redistricting plan.